World Bank announces record $100 bn support for world’s poorest countries …C0NTINUE READING HERE >>>
World Bank President Ajay Banga has been pushing to raise the level of funding committed to IDA.
Photo: Brendan SMIALOWSKI / AFP
Source: AFP
The World Bank announced Thursday that it has raised close to $24 billion to provide loans and grants for some of the world’s poorest nations, which it can leverage to generate a record $100 billion in total spending power.
Donor countries committed $23.7 billion to replenish the bank’s concessional lending arm, known as the International…
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